Gross fixed capital formation in current prices growth rate

(%)

Guinea is the top country by gross fixed capital formation growth in the world. As of 2016, gross fixed capital formation growth in Guinea was 70.9 %. The top 5 countries also includes Ireland, Zimbabwe, Timor-Leste, and Trinidad and Tobago.

The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›

What is gross fixed capital formation growth?

Gross fixed capital formation is measured by the total value of a producer’s acquisitions, less disposals, of fixed assets during the accounting period plus certain additions to the value of non- produced assets (such as subsoil assets or major improvements in the quantity, quality or productivity of land) realised by the productive activity of institutional units.

Knoema is the most comprehensive source of global decision-making data in the world. Our tools allow individuals and organizations to discover, visualize, model, and present their data and the world’s data to facilitate better decisions and better outcomes.